The Pratham EPC Projects IPO started on March 11, 2024, and ended on March 13, 2024. Shares were allocated on March 14, 2024, and refund processes began on March 15, 2024. On March 15, 2024, the shares were credited to investors demat accounts. Pratham EPC Projects was officially listed on the stock exchange on March 18, 2024.
During the IPO, Pratham EPC Projects offered shares at a price range of ₹71 to ₹75 per share, and the lot size was 1600 shares. The total issue size was ₹36.00 crores, with ₹36.00 crores from new shares. The IPO was listed on the NSE SME.
Pratham EPC IPO Subscription Update Video
Pratham EPC Projects IPO Subscription Status
The Pratham EPC Projects IPO on March 13, 2024 was subscribed 178.54 times, with the retail category being subscribed 179.48 times, the NII (Non-Institutional Investor) category being subscribed 320.53 times, the QIB (Qualified-Institutional Buyers) category being subscribed 70.28 times and the Employee category being subscribed times.
| Category | Subscription |
| QIB | 70.28x |
| NII | 320.53x |
| Retail | 179.48x |
| Total | 178.54x |
Pratham EPC Projects IPO Basic Details
| Company Name | Pratham EPC Projects Limited |
| Pratham EPC Projects IPO Open Date | March 11, 2024 |
| Pratham EPC Projects IPO Close Date | March 13, 2024 |
| Pratham EPC Projects IPO Allotment Date | March 14, 2024 |
| Pratham EPC Projects IPO Listing Date | March 18, 2024 |
| Face Value | ₹10 per share |
| Price | ₹71 to ₹75 per share |
| Lot Size | 1600 Shares |
| Issue Size | 4,800,000 shares of ₹10 (aggregating up to ₹36.00 Cr) |
| Fresh Issue | 4,800,000 shares of ₹10 (aggregating up to ₹36.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Mr. Nayankumar Manubhai Pansuriya and Mr. Pratikkumar Maganlal Vekariya |
About Pratham EPC Projects Limited
Founded in 2014, Pratham EPC Projects Limited offers comprehensive services to oil and gas utilities in India. We specialize in managing the entire process, from engineering and procurement to construction and commissioning.
Our expertise extends to gas pipeline projects, covering tasks such as welding, testing, and commissioning. Pratham is particularly skilled in oil and gas pipelines, as well as offshore water distribution projects. We handle tendering and project management with precision.
We take pride in our certifications from reputable organizations, including ISO 10002:2018 for customer satisfaction, ISO 14001:2015 for environmental management, ISO 18001:2007 for occupational health and safety, and ISO 9001:2015 for quality management.
With a track record of completing over 12 projects, our largest endeavors amount to approximately ₹13,184.10 lakhs. As of March 31st, 2023, we are currently engaged in six major projects. Five of them, valued at around ₹19,397.33 lakhs, are confirmed, while projects totaling ₹16,952.80 lakhs are awaiting execution. One project, valued at ₹40,667.29 lakhs, has been successfully completed, reflecting a robust order book.
As of September 30, 2023, Pratham EPC Projects Limited employs 770 individuals across various departments, contributing to our continued success and growth.
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Pratham EPC Projects IPO FAQs
What is the start and end date of Pratham EPC Projects IPO Subscription?
The Pratham EPC Projects IPO started on March 11, 2024, and ended on March 13, 2024.
When does Pratham EPC Projects IPO Subscription open?
The Pratham EPC Projects IPO open on March 11, 2024.
When does Pratham EPC Projects IPO Subscription close?
The Pratham EPC Projects IPO Close on March 13, 2024.
What is the allotment date of Pratham EPC Projects IPO?
The allotment date for Pratham EPC Projects IPO is March 14, 2024.
When is the initial refund date of Pratham EPC Projects IPO?
The initial Refund date for Pratham EPC Projects IPO is March 15, 2024.
When were the shares credited to investors demat accounts for the Pratham EPC Projects IPO?
The shares for the Pratham EPC Projects IPO were credited to investors demat accounts on March 15, 2024.
When will Pratham EPC Projects IPO be listed on the stock market?
Pratham EPC Projects IPO stock market will be listed on March 18, 2024 at 10 am.
What was the price range of the Pratham EPC Projects IPO shares?
The Pratham EPC Projects IPO shares were offered at a price range of ₹71 to ₹75 per share.
What was the lot size for the Pratham EPC Projects IPO shares?
The lot size for the Pratham EPC Projects IPO shares was 1600 shares.
What was the total issue size of the Pratham EPC Projects IPO?
The total issue size of the Pratham EPC Projects IPO was ₹36.00 crores.
On which stock exchanges was the Pratham EPC Projects IPO listed?
The Pratham EPC Projects IPO was listed on the NSE SME.
What is the Pratham EPC Projects IPO Subscription Status?
Pratham EPC Projects IPO is subscribed 178.54 Times.
